$799,900 FOR SALE

Multiplex

526 Prideaux St
Nanaimo, BC V9R 2N7 | Old City

Nestled just three blocks from downtown Nanaimo, 526 Prideaux presents a rare opportunity to own a piece of history. This classic triplex, built in 1925, exudes charm and character at every turn, offering a glimpse into Nanaimo's rich architectural heritage. The main house features an upstairs area with a kitchenette, bathroom, and bedrooms, ideal for extended family or as an additional source of rental income. The remaining units boast a timeless appeal, with old fir floors waiting to be uncovered beneath the carpet. The main living area is bathed in natural light streaming through four 7ft high bay windows, offering breathtaking views of Coast Range and Mt. Benson. Recent updates include new insulation and a plywood floor in the attic, along with skylights that enhance the home's classic charm. The roof, custom-made and historically accurate, adds to the property's unique character. New water heaters have been installed, ensuring comfort and convenience for years to come. One of the residences on the property has been a successful rental with an amazing tenant for a number of years, available for viewing on second showings. This unit, along with the rest of the property, is a testament to the potential and possibilities that await. Situated on a spacious R15 zoned 8900 sqft lot, this property offers endless opportunities for development or renovation. Whether you're looking for a unique investment opportunity or a place to call home, 526 Prideaux is sure to impress. The R15 zoning allows for multifamily development, home-based business, rooming house, and more, making it an ideal opportunity for investors or those looking to restore and enhance a piece of Nanaimo's past. Ample yard space with potential for development or renovation adds even more value to this already impressive property. Don't miss the chance to own this piece of Nanaimo's history. Schedule your viewing today and experience the timeless elegance of 526 Prideaux for yourself! (id:47423)

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Listed By Oakwyn Realty Ltd. (NA)
Data Provided By Vancouver Island Real Estate Board
MLS® Listing Number 955425
Last Updated Apr 21, 2024
Property Summary
Property Type Multiplex

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Neighbourhood Old City
Price History
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Detailed Information
Listing Contract Date 2024-02-23
Municipal ID 008-519-510
Ownership Type Freehold
Plan VIP584
Property Type Multi-family
Transaction Type For sale
Views City view, Mountain view, Ocean view
Zoning Unknown
Building
Cooling Type None
Heating Fuel Oil
Heating Type Baseboard heaters
Size (Exterior) 2645 square feet
Type Multi-Family

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